Welcome to my AXTrader Review!
This is the latest Investment platform that have come across my desk and I decided to have a closer look.
Probably someone approached you about this opportunity and the juicy up to 350% ROI and you landed here to see whether it is legit or not.
You are in luck my friend! I will go through the company, products and compensation plan with all the details that is there, so you can make a right decision.
Make sure you PAY close attention and read this to THE End.
Table of Contents
AXTrader Review (Company)
AXTrader is an investment company that claims you can make up to 350% ROI with their investment plans.
First of all, they claim you get “Guaranteed Profit” using their platform, however they don’t show any proof to back this up!
In addition, landing on their website you can’t find any information in regards who run or owns the company.
Next up, I check their domain registration and found out that “axtrader.com” has been privately registered back in 2013, however been updated recently on 28th October 2020.
I believe that is the time when the admin of the current AXTrader get a hold of the domain.
They do provide a UK registration certificate on their website.
So I did take a look at their registration on UK companies house website.
As we can see, the company has been registered under ‘AX TRADER LTD’ on 22nd October 2020, just couple of days before updating their domain.
Now, I was curios to check their address, since in their website, they have mentioned they have office in the london.
I did a quick google map search and the address was a cafe.
Looks a bit fishy to me.
Now as I mentioned, they are not transparent at all about who runs or owns the company.
So I decided to check who has filled the company registration.
As you can see, ‘John Turner’ is the company director.
I did a bit of digging and I wasn’t able to find any digital footprint connecting this person to AXTrader company.
All I can assume, is that he is a fake person, another red flag!
Now let’s move on and see what products they have that you can MAKE MONEY with them.
AXTrader Review Products
They don’t have any retail product or services, with all you can do is signup and invest to start earning.
You can also earn money from the referral program.
Other companies similar to this I did a review on:
Next, let’s check the investment plans they offer.
AXTrader Review Compensation Plan
Depending on the amount of you want to investment, you can use one of the three investment plans AXTrader have.
You also can have several different plans under one account.
Basic: 3% Daily for 30 Days
- Minimum deposit: $10
- Maximum deposit: $1,999.99
- Earnings paid every 24 hours
- Return on Investment: 190%
- Deposit Return after 30 days
Premium: 4% Daily for 40 days
- Minimum deposit: $2,000
- Maximum deposit: $9,999.99
- Earnings paid every 24 hours
- Net Profit: 160%
- Return on Investment: 260%
- Deposit Return after 40 days
- Cancel Deposit at any time
Supreme: 5% Daily for 50 days
- Minimum deposit: $10,000
- Maximum deposit: $250,000.00
- Earnings paid every 24 hours
- Return on Investment: 350%
- Deposit Return after 50 days
- Cancel Deposit at any time
You can cancel your deposit or part of it at any time and withdraw the funds, however you’ll be charged a 10% cancellation fee.
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Referral Commission
AXTrader offers commissions of up to 5%.
A uni-level compensation structure puts an affiliate at the top of a uni-level team that places every personally sponsored affiliate right under them on level 1.
If level 1 affiliates recruits new affiliates, they are put on the 2nd level of the original affiliate’s uni-level team.
If level 2 affiliates recruits new affiliates, they are put on the 3rd level, and this continues on down an infinite levels.
However, in case of AXTrader, they capped the Payable uni-level team levels at 3.
You receive money for each deposit that has been made by your referral.
- Level 1 (personally sponsored affiliates) – 5%
- Level 2 – 2%
- Level 3 – 1%
Cost To Join AXTrader
You can sign-up for free. You can get your affiliate link and start recruiting affiliates in hope that one of them invest and you get your commission.
Otherwise, in order to participate in their investment plan, you need to at least pay $10 USD.
Final Verdict
So is AXTrader scam?
Let’s look at the facts, shall we?
We don’t know who runs or owns the company.
The address look fake.
They don’t provide any data on how they can provide daily profit of 3% to 5%.
Think about it, if they actually can do that legally, why do they need your money for?
They can use a credit card or a simple loan and be rich fast using whatever MAGIC they know to provide a daily profit of 3% to 5%!
They do have UK registration, but it doesn’t count.
UK registration is dirt cheap and mostly unregulated which makes it a favourable choice for scammers.
Additionally, they are not registered with any financial regulator organizations.
Any company that promises return on investment and works with exchange of any kind needs to be registered with the appropriate financial regulated of the jurisdiction they operate in.
This make sense, since they don’t show any proof of how they make those ROI.
The only income that I can see is the new affiliate investment paying the existing members.
This is your classic ponzi scheme. The math behind all the pyramid schemes are the same.
Once the affiliate recruitment stalles, which they always do, there is no money coming in to satisfies the guaranteed daily profit.
I can’t recommend this!
I hope you enjoyed my AXTrader review and if you have any questions feel free to ask in the comments below…
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